CAT may be finishing the head of a head & shoulder pattern up to the 237 Resistance zone( also upper side of the green Megaphone). Then it may go down to 200 to make the RS this coming May. Measured target of this H&S will be 288 which is also 1.618 Fibo of the whole wave IV.
179.67 may already be the low of wave IV Megaphone pattern. The final wave V might be in 2023 where a BIG ABC correction may come to reset the market. (Recent yield curve inversion signals a recession within 1 or 2 years)
Not trading advice
179.67 may already be the low of wave IV Megaphone pattern. The final wave V might be in 2023 where a BIG ABC correction may come to reset the market. (Recent yield curve inversion signals a recession within 1 or 2 years)
Not trading advice